17 200 of 18 %

  Written by Marc   Posted 29 February 2016

How much would my PAYE be (per month) if I have a gross salary of R17 500, less pension of R300, medical aid R600 and UIF of R 148,72

The importance of a tax number.

  Written by Marc   Posted 29 February 2016

What is the importance of tax number, am not working an if am self employer or working at Indian shop without payslip but I have bankcard. Where can I around tzaneen. What about immigration?

Offshore investing tax implications

  Written by Marc   Posted 29 February 2016

What are the tax implications of investing in offshore unit trusts and shares and how does one disclose it in your tax return. Thank you

I need clarity on what is viewed as non-retirement income for purposes of the 27,5% calculation.

  Written by Nicci   Posted 29 February 2016

As pensioner, my annual pension amounts to R784 672, in addition I receive taxable interest of R18 000 and tax free interest of R115 200 as well as a consultation fee income of R100 000. I want to invest the maximum of 27,5% in a retirement annuity. How much can I annually invest in a retirement annuity?

Delayed refund

  Written by Nicci   Posted 28 February 2016

I submitted my tax return last year but no payout was made to me

How to handle Rental Income when married in community of property?

  Written by Nicci   Posted 28 February 2016

Hi, my wife and I are married in community of property. We own a few residential flats that we rent out for extra income. When it is time to complete our annual tax return and we each fill in details of extra Income on the tax return, must we EACH declare the FULL income from the rentals OR must we EACH split it in HALF and declare that OR must we say we are in 50% partnership on the form where it allows for that? In the tax return it does ask how we are married so does SARS automatically split ...

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Sports coach PAYE

  Written by Nicci   Posted 28 February 2016

A sports coach at a school is paid per hour but only earns around R3000 pm which would normally exclude paying any PAYE. Is this coach still eligible to pay 25% PAYE? This is an independent coach, only on contract for 5 months.

Do I have to pay tax on winnings

  Written by Nicci   Posted 28 February 2016

I have a small business running from home. Make on average about R5000-R6000 a month. I am not registered for tax. I recently won R40 000 from betting on soccer. Do I need to declare these winnings and how?

Winning money while abroad, how will it be taxed on return home?

  Written by Nicci   Posted 28 February 2016

I am going abroad soon for 8 months where I will be in the following countries, UK, France, Germany and Australia. I will not be employed by a organization so I will get no wage or salary. I will however be gambling, which is the main reason for going. What I would like to know is the following: would those monies be taxable when I return and how? If I am taxed in the above mentioned countries would the double tax agreement cover gambling also? How would I declare the winnings on my personal tax...

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When does the Secondary Tax Rebate Kick in: During the birth month or the tax year one turns 65?

  Written by Nicci   Posted 28 February 2016

I am in my 65th year... ie. I am currently 64 but will be turning 65 in September 2016. This means that when my final 2016/17 tax return is submitted to SARS at tax year end I will technically be entitled to the secondary rebate for the age group 65 - 75. Should my employer calculate my monthly PAYE Deductions at my current age (64), or the age I will be at the time of this final tax submission (65)?

Do I include a provident fund payout (on resignation) in my taxable income on the IRP6 return?

  Written by Nicci   Posted 26 February 2016

Do I include a provident fund payout (on resignation) in my taxable income on the IRP6 tax return?

Tax refund for casual worker

  Written by Nicci   Posted 26 February 2016

I'm working at a season job that will end next week. I will have been working for 13 weeks and paid about R8000 in taxes. I'm being taxed each week. The rest of the year I don`t get any income that means I don`t have work. I would like to know if I can claim my tax back. I `m under the threshold and I do have a tax number. I don't have pension, policies or a medical aid in my name.

Capital Gains in 2016/17 - is it part of Taxable Income for RA calculation?

  Written by Nicci   Posted 26 February 2016

Next year will Capital Gains taxable portion be part of Taxable Income for Retirement Annuity contribution (i.e 27,5% calculation)?

Where should I declare my freelance income?

  Written by Nicci   Posted 26 February 2016

I am an employee, but also a Sole Proprietor. I am an artist. My business is not officially registered yet, but I have been trading for some time now. Do I need to declare the income I earned through freelance work in the same ITR12 that contains the information I received from the IRP5 from my employer, or would I need to declare the freelance income in some other form?

What are taxable items?

  Written by Marc   Posted 26 February 2016

What are taxable items

Does a 45-day old business still need to submit a provisional tax return?

  Written by Marc   Posted 26 February 2016

I am a salaried employee, but since the middle of January 2016 I have been running a business. It's been expensive to set up, and business is slow - I've turned over R50K max and have about R40K of expenses. Do I need to submit a provisional tax return now, or can I carry that amount over and declare it later in the 2017 provisional tax year?

Tax reference number?

  Written by Marc   Posted 26 February 2016

When being employed, for tax purposes is the employee or employer suppose to have the employee registed for their tax number tax reference number

Should I register for IRP6 or IRP3?

  Written by Marc   Posted 26 February 2016

I found two forms on the SARS site, IRP3 which states it's meant for freelance artists and IRP6 for provisional tax. I'm a freelance artist so should I fill in and resister for IRP6 or IRP3 or both?

Do I need to complete an IRP6?

  Written by Marc   Posted 26 February 2016

You sent me a reminder to file my IRP6 Provisional Tax Return for 2016 however, I'm not sure whether I am still a Provisional Tax payer?

I did freelance work until Feb 2015, and from March 2016 I've been employed, paying PAYE through my employer. I haven't earned any additional income. Do I still need to complete an IRP6 as a Provisional Tax payer?

Freelance work while paying PAYE

  Written by Marc   Posted 26 February 2016

I currently earn a salary and pay PAYE tax. I also take on occasional freelance work which isn't consistent amounts. What's the best way to be tax compliant?

Can invoicing several clients constitute a salary and not trade?

  Written by Marc   Posted 26 February 2016

I privately tutor pupils at their homes and invoice several clients for this service. One of them pays me a monthly salary (but pays nothing to SARS) based on monthly invoices and the rest I invoice by the hour. Can I declare all of this as a single salary and pay it with my ITR12 or do I need to register as a provisional taxpayer?

I changed from being employed (normal IRP5 scenario) to self-employed during the last financial year so I am not yet registered for provisional tax

PAYE refund

  Written by Nicci   Posted 25 February 2016

Do I qualify to get tax return money back if I was paying PAYE since 1 May 2015,and my basic salary was R5,000 per monthly till 26/02/2016

Business runs at a loss - do I need to submit provisional tax return?

  Written by Nicci   Posted 25 February 2016

Another question - what if the business has run at a loss? It's a medical practice, and turns out many of my claims will only be processed in March 2016 i.e Next tax year. That means my total income for the business so far has been R30 000, with expenses totalling R50 000. Surely I don't have to submit a provisional tax return?

Foreign Employer doesn't pay UIF or PAYE for me

  Written by Nicci   Posted 25 February 2016

I am employed by a company outside South Africa and receive my gross salary monthly on which I then need to pay PAYE. My question however relates to UIF. In this set up where the employer does not pay South African taxes, what needs to be done from my perspective in terms of UIF? Do I pay this myself? If so, what percentage - i.e : the 1% normal, or 2% total?

Provisional Tax Form - where to reflect Employees Tax

  Written by Nicci   Posted 25 February 2016

I receive a monthly amount from an Annuity Policy - this is taxed at source. Where in the Provisional Tax Form do I enter the tax paid? I see that previously my accountant entered the tax portion under: LESS: EMPLOYEES TAX PAID FOR THIS PERIOD. I do not see this option in the Provisional Tax Form. Could you please indicate where I find this?
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